Rekor Systems (FRA:38E) Days Payable : 95.81 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Rekor Systems Days Payable?

Rekor Systems's average Accounts Payable for the three months ended in Dec. 2023 was €4.99 Mil. Rekor Systems's Cost of Goods Sold for the three months ended in Dec. 2023 was €4.75 Mil. Hence, Rekor Systems's Days Payable for the three months ended in Dec. 2023 was 95.81.

The historical rank and industry rank for Rekor Systems's Days Payable or its related term are showing as below:

FRA:38E' s Days Payable Range Over the Past 10 Years
Min: 26.04 Med: 50.88 Max: 199.86
Current: 125.33

During the past 8 years, Rekor Systems's highest Days Payable was 199.86. The lowest was 26.04. And the median was 50.88.

FRA:38E's Days Payable is ranked better than
74.59% of 2527 companies
in the Software industry
Industry Median: 50.54 vs FRA:38E: 125.33

Rekor Systems's Days Payable declined from Dec. 2022 (194.93) to Dec. 2023 (95.81). It may suggest that Rekor Systems accelerated paying its suppliers.

Rekor Systems Days Payable Historical Data

The historical data trend for Rekor Systems's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rekor Systems Days Payable Chart

Rekor Systems Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

199.86

124.73

Rekor Systems Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															194.93	193.83	128.99	116.01	95.81

Competitive Comparison of Rekor Systems's Days Payable

For the Software - Infrastructure subindustry, Rekor Systems's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rekor Systems's Days Payable Distribution in the Software Industry

For the Software industry and Technology sector, Rekor Systems's Days Payable distribution charts can be found below:

* The bar in red indicates where Rekor Systems's Days Payable falls into.

Rekor Systems Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Rekor Systems's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (5.629	+	4.712)	/	2 )	/	15.13	*	365
=	5.1705					/	15.13	*	365
=	124.73

Rekor Systems's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (5.265	+	4.712)	/	2 )	/	4.751	*	365 / 4
=	4.9885					/	4.751	*	365 / 4
=	95.81

Rekor Systems Days Payable Related Terms

Thank you for viewing the detailed overview of Rekor Systems's Days Payable provided by GuruFocus.com. Please click on the following links to see related term pages.

Rekor Systems (FRA:38E) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Rekor Systems Inc (FRA:38E) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

REKR:USA 38E:Germany

Address

6721 Columbia Gateway Drive, Suite 400, Columbia, MD, USA, 21046

Website

https://www.rekor.ai

Rekor Systems Inc is a United States-based company. It is engaged in providing real-time roadway intelligence through AI-driven decisions. Rekor bridges commercial and government sectors with actionable, real-time vehicle recognition data. The firm uses artificial intelligence to analyze video streams and transform them into AI-driven decisions. Its machine learning software can turn most IP cameras into accurate vehicle recognition devices used to help protect lives, increase brand loyalty, and enhance operations and logistics. Its geographical segments are the United States, Canada, and Others, of which the majority of its revenue comes from the United States.

Rekor Systems (FRA:38E) Headlines

No Headlines